Retail Inflation Falls To 6.4% In February
The annual retail inflation rate for India eased to 6.44 per cent in February from 6.52 per cent in January, government data showed today.
The Reserve Bank has been mandated by the government to ensure the retail inflation remains at 4 per cent, with a margin of 2 per cent on either side.
CPI (Consumer Price Index) inflation was above the Reserve Bank of India’s targeted limit of 6 per cent for the second time in four months.
The previous high was 6.77 per cent in October.
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